Page-2 of SIDBI

PM SVANidhi Scheme: UP secures the top rank

October 26, 2020

On 26 October, 2020, the Government of India announced that Uttar Pradesh secured the top rank PM SVANidhi Scheme. The state has approved the highest number of loans so far. Highlights Uttar Pradesh government has secured the top ranking in ..

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Rajasthan Partners with SIDBI to develop MSMEs

September 12, 2020

Industries Minister Parsadi Lal Meena said that Rajasthan’s Department of Industries and Sidbi partnered on September 12. 2020 to provide financial, technical, marketing and export support to Micro, Small and Medium Enterprises (MSMEs) in the state. Highlights The Small Industries ..

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Highlights: Loans sanctioned under PM SVANIDHI scheme crosses 1 lakh

August 13, 2020

The micro-credit scheme of the government, PM Street Vendor’s Atmanirbhar Nidhi (PM SVANIDHI) to support the street vendors to meet their working capital requirements to tide over financial woes during the pandemic, has become quite popular in the country. Details ..

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SIDBI, TransUnion CIBIL launch financial knowledge platform for MSMEs

July 31, 2020

The Small Industries Development Bank of India (SIDBI), in association with TransUnion CIBIL, has launched a comprehensive financial education and knowledge platform meant for the micro, small and medium enterprises functioning in the country. Highlights Known as MSMESaksham, this new ..

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Scheme with Guarantee Cover worth Rs 20,000 Crore launched for MSMEs

June 24, 2020

This scheme was announced as a part of the AtmaNirbhar Bharat Package by Finance Minister back on 13th May 2020. On 24th June 2020, the Credit Guarantee Scheme for Sub-ordinate Debt (CGSSD) was launched. The scheme is also called as ..

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MoU for providing Special Micro-Credit Facility for Street Vendors signed

June 19, 2020

The Union Ministry of Housing and Urban Affairs has signed a memorandum of understanding (MoU) with Lucknow based financial institution SIDBI- Small Industries Development Bank of India on 19th June 2020. The MoU will provide a boost in building Atmanirbhar ..

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